High Risk Merchant Account Specialists

Obtaining a high risk merchant account is a specialty of ours here at PaymentCloud for businesses that are new and established nationwide. Our cutting-edge high risk credit card processing solutions ensure you will have the most up-to-date and relevant software/hardware and solutions for your customers to purchase products and/or services easily. The process of setting up a high risk merchant account is determined by the amount of risk associated with the business as well as the vertical. But what determines if your business is risky and how can you secure affordable high risk credit card processing?

A Look into High Risk Merchant Accounts

Don’t let the term “high risk” scare you. There are a wide variety of reasons a business can be classified in this way and not all of them are bad. High risk merchants may earn this classification due to their average transaction size, industry type, typical chargeback rate, fulfillment timeframes, or if they are structured to accept subscription-style payments. By falling into any one of these categories, your business will automatically be deemed high risk by merchant account providers across the country.

Some industries fall into the high risk category without a doubt, while others are carefully scrutinized for tell-tale risk factors. Below are a few common industry types that are found to always require a high risk payment gateway.

High Risk Credit Card Processing for Every Vertical

When your business does not conform to the credit policies of a tier one, traditional bank, you must then turn to high risk merchant processors. But here at PaymentCloud, we strive to make you feel welcome and get you set up with a high risk payment gateway that can support your business type. We are seasoned pros in these verticals, having dealt with every situation possible with high risk businesses.

By utilizing our broad scope of knowledge and leveraging our 10+ banking relationships, we try our best to make the process as painless as possible. With the proper merchant account, you can get your business up and running faster with safe and secure credit card transactions to help you grow.

Chargebacks and Risk Mitigation

We have dealt with a variety of deterrents, ranging from business type and credit score to high chargebacks, that can place your business in the high risk processing category. Our multitude of banking relationships, merchant services fraud tools, and chargeback management integrations are in place to mitigate these risks. For bad credit, we submit through our banks that will not immediately turn you down based on score alone. This way you can focus on getting your business going rather than stressing about that simple three-digit number. Regarding chargebacks, a simple, seamless integration can help give you a chance to resolve them before the bank gets involved. If this is something that you anticipate to be a problem, then implementing this straight-forward plan of action will save you a headache later on. As for everything else, our flexible underwriting and prevention tactics will allow you more leeway to recover. We make sure to know your business inside and out, so that we can help predict and reduce your risk before it occurs.

Options for High Risk Merchant Processing

PaymentCloud offers state-of-the-art EMV terminals, POS systems, mobile swipers, a virtual terminal, chargeback prevention tools and gateways, to help your business be competitive. Depending on your payment needs, we can provide a solution. E-Commerce is our bread and butter, and we can integrate with just about every website and platform on the web. Whether you are using Shopify, WooCommerce, or a custom website we have a solution. Furthermore, we can support retail brick-and-mortar businesses with usb swipers, terminals and POS systems at affordable rates.

Personalized Merchant Services

You will have a dedicated experienced account representative help you every step of the way. The world-class support does not stop upon approval, we handle all inquiries for the life of the account as well. We understand the importance of accepting payments on a regular basis uninterrupted, and we take it very seriously. If there are any issues that arise you will have someone to call immediately. No submitting a support ticket and waiting two days for an email response, that just doesn’t cut it.

Painless High Risk Processing Solutions

Whether you are currently processing or need to setup a new high risk merchant account for your business, PaymentCloud is here to help. For existing businesses looking for better rates, new equipment, or state-of-the-art security, ask us how we can help you. We offer free rate reviews, the newest terminals and POS systems, as well as PCI compliant online credit card processing. As for new businesses just getting started, allow us to simplify the process of high risk payment processing. We have a combined experience of over decades in the high risk space. Let us get you processing credit cards simply and quickly. PaymentCloud is one of the most trusted high risk credit card processing companies in the industry. Let us show you why.

Common Questions from Merchants